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Boom and Bust News
Renu Kohli: India - A boom-bust economy? A positive trait of the Indian economy has been its remarkable macroeconomic stability after 1991. That resilience is fast eroding. As the wobbles at the end of last year showed, the economy is increasingly driven by the boom-bust dynamics of flighty capital flows that feed its growing deficits. Recent balance of payments statistics show an accelerating deterioration: current account deficit at 4.3
'We are in a more dangerous situation than in 2008'
We are in a more dangerous situation than in 2008: Soros
The ongoing sovereign-debt crisis in the Eurozone is much more serious than the global financial meltdown of 2008. If the European banks fail, it will have financial implications globally.if the
China's GDP growth to slow to 8.6 percent
China's GDP growth may slow to 8.6 percent in the last quarter of this year and further decelerate to 7.7 percent in the first quarter of 2012, an economist said Sunday.
Seeking an inflation proof portfolio
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